Showing 1 - 10 of 83
We study the effect of reforms that close loopholes in the enforcement of the dividend-withholding tax (DWT). We focus on a Danish reform enacted in 2016, and compare Denmark to its Nordic neighbors. Our main outcome of interest is the quantity of stocks on loan. Before the reform all Nordic...
Persistent link: https://www.econbiz.de/10012822099
We introduce a banking sector and heterogeneous agents in the Matsuyama et al. (2016) dynamic over-lapping generations neoclassical model with good and bad projects. The model captures the benefits and costs of an advanced banking system which can facilitate economic development when allocates...
Persistent link: https://www.econbiz.de/10013465706
I find that the Eurosystem can stimulate the economy beyond the policy rate by increasing the size of its balance sheet or the monetary base, that is so-called quantitative easing. The transmission mechanism turns out to be different compared to traditional interest rate innovations: (i) whilst...
Persistent link: https://www.econbiz.de/10009303919
We analyse how a patent-holding pharmaceutical firm may strategically use advertising of existing drugs to affect R&D investments in new (differentiated) drugs, and thereby affect the probability distribution of future market structures in the industry. Within a fairly general model framework,...
Persistent link: https://www.econbiz.de/10003771873
This paper uses a gravity framework to investigate the effects of distance as well as subnational and national borders in knowledge spillovers. Drawing on the NBER Patent Citations Database, we examine patent citations data at metropolitan level within the U.S. and the 38 largest patent-cited...
Persistent link: https://www.econbiz.de/10003833339
This paper presents a study of backward and forward patent citations in patents granted to firms and institutions in … patent citation in recent Dutch patents belonging to different industrial classes. We run our model in the set of backward … citations made in Dutch applicants' patents during 1996-2006 and in the set of forward citations to patents issued to firms and …
Persistent link: https://www.econbiz.de/10003969228
Corporate patents are perceived to be the key profit-drivers in many multinational enterprises (MNEs). Moreover, as the … shifting opportunities between multinational entities. For both reasons, MNEs have an incentive to locate their patents at … corporate tax rate (differential to other group members) indeed exerts a negative effect on the number of patents filed by a …
Persistent link: https://www.econbiz.de/10003923076
in this sector and the relative time lag between the citing and cited patents. …
Persistent link: https://www.econbiz.de/10011398036
conflicting infringement claims and the validity of patents. To reflect this reality, I develop a simple framework to analyze the … coverage of patents that makes disputes inevitable. I analyze private incentives to litigate and compare them with the social … challenge the validity of patents and on development incentives are also investigated. …
Persistent link: https://www.econbiz.de/10011401377
attracting patents, mostly because of their favourable tax treatment, especially for high-quality patents. Patent boxes with a … large scope in terms of tax base definition also have stronger effects on the location of patents. The size of the tax …
Persistent link: https://www.econbiz.de/10011286491